BRIEF: Ping An Health’s profit jumps
Healthcare platform Ping An Healthcare and Technology Co. Ltd. (1833.HK) said on Thursday its profit jumped 72% year-on-year to 184 million yuan ($26 million) in the first nine months of…
PomDoctor completes U.S. listing ahead of looming Nasdaq crackdown
The online medical services provider raised about $20 million after pricing its shares at the bottom of their range – below a Nasdaq-proposed new minimum threshold of $25 million Key…
Years of losses, thin profit margins leave 160 Health feeling down
After two earlier failures, the online healthcare platform’s IPO has been approved by the Hong Kong Stock Exchange Key Takeaways: 160 Health has been approved to list in Hong Kong,…
PomDoc offers up well-conceived but overvalued digital healthcare IPO
The online health services provider aims to raise up to $30 million through a Nasdaq listing, even as its liabilities far outweigh its assets Key Takeaways: PomDoc aims to raise…
Its revenue falling, Dazhong Dental looks to M&A to brighten its outlook
The company has filed to list in Hong Kong, aiming to jumpstart its falling revenue and profits by buying up rivals in China’s fragmented dental services market Key Takeaways: Dazhong…
Earnings blow for CSPC Pharma as the state drives a hard bargain
The generic drugs giant has warned of a 26% slide in annual profits after China’s national healthcare system imposed big price cuts on qualifying medicines Key Takeaways: CSPC Pharma…
BRIEF: China Traditional Chinese Medicine’s profit tumbles in 2024
China Traditional Chinese Medicine Holdings Co. Ltd. (0570.HK) on Wednesday warned that it expects to report its profit for all of 2024 fell by 90% to 100%, while its adjusted…
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